Group 1 - Instacart (CART) is facing increased competition in grocery delivery from well-funded rivals like Amazon and Walmart, impacting its market share and investor confidence [1][2] - On December 18, 2023, CART shares fell approximately 1.5% after the company agreed to pay $60 million in consumer refunds due to allegations of deceptive practices by the Federal Trade Commission (FTC) [2] - Instacart is under a separate FTC investigation regarding its pricing practices, which may have led to consumers paying different prices for identical items [3] Group 2 - Founded in 2012, Instacart operates a significant grocery delivery network in North America, partnering with over 1,800 retailers and facilitating online shopping from nearly 100,000 stores [3][4] - The company supports around 600,000 shoppers who earn income through flexible delivery schedules and has expanded into a technology platform for retailers, offering various e-commerce solutions [4] - As of 2023, Instacart has a market capitalization of $12 billion, with shares peaking at $53.50 in August before declining nearly 17%, while the stock has increased about 10.9% in 2025, lagging behind the S&P 500 Index's 16.2% gain [5]
Instacart Is Under Investigation. Should You Buy the Dip in CART Stock?